Dai DAI
Current Price
$0.9999 +0.01%
$0.0011 Daily Range (0.11%)
$0.9989$1.00
$16.13M Daily Volume
216 BTC
Vol/MktCap: 0.37%
Market Performance
0.04% Relative BTC Volume
The total volume of Dai is $16.13M over the past 24 hours, compared to $41.84B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.9998 +0.01%
13 SMA $0.9997 +0.02%
21 SMA $0.9997 +0.02%
55 SMA $0.9995 +0.04%
144 SMA $0.9997 +0.02%
Price Performance
+0.09% 1 Hour Change
$0.9999 from $0.9990
+0.06% 7 Day Change
$0.0006 from $0.9993
-0.01% 14 Day Change
-$0.0001 from $1.00
-0.03% 30 Day Change
-$0.0003 from $1.00
All Time High
March 13, 2020
$1.22 -17.97%
-$0.2193 vs. now
24H Change
-1.28M USD -0.03%
-17 BTC
Volume and Supply
Total Supply: 4.34B DAI 
4.34B DAI Available100.00% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
216.60 x BTC Supply217:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
16.14M DAI
traded over past 24 hours
0.37% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Dai AI Market Analysis
Dai (DAI) is currently trading at 0.999832 USD, reflecting a minor 24-hour change of 0.02232%. The price has remained stable within a narrow daily range, with a high of 1 and a low of 0.999028, suggesting limited volatility typical for stablecoins.
The trading volume over the last 24 hours stands at 17,146,670, translating to a volume-to-market cap ratio of 0.40%. This relatively low ratio indicates a lack of significant trading activity, which aligns with Dai's nature as a stablecoin designed to maintain its peg to the US dollar.
Analyzing the hourly moving averages, the 8, 13, and 21 SMAs are closely clustered around $0.9997, showing slight upward momentum, while the 55 SMA at $0.9995 indicates minor bearish pressure. The 144 SMA at $0.9997 further supports the stability of the price, with all short-term averages suggesting consolidation around the current level.
The RSI metrics are indicative of neutrality, with the 1-hour RSI at 49 and the 7-day RSI at 50, reflecting no significant momentum in either direction. The negative price changes over 7 days (-0.0439%), 14 days (-0.0028%), and 30 days (-0.0152%) illustrate that Dai has experienced a slight depreciation against its USD peg, although this is typical behavior for a stablecoin that may fluctuate marginally around its target value.
Given the lack of volatility, stable trading volume, and the proximity of the price to the dollar peg, the outlook for DAI remains stable. However, considering the minor downward price pressures observed over recent weeks, it is advisable to hold DAI for the moment, as it is expected to maintain its value close to the dollar without significant upside potential at this time.
Rating: Hold. Reasoning: Stability around the dollar peg with no significant bullish or bearish momentum observed.
The trading volume over the last 24 hours stands at 17,146,670, translating to a volume-to-market cap ratio of 0.40%. This relatively low ratio indicates a lack of significant trading activity, which aligns with Dai's nature as a stablecoin designed to maintain its peg to the US dollar.
Analyzing the hourly moving averages, the 8, 13, and 21 SMAs are closely clustered around $0.9997, showing slight upward momentum, while the 55 SMA at $0.9995 indicates minor bearish pressure. The 144 SMA at $0.9997 further supports the stability of the price, with all short-term averages suggesting consolidation around the current level.
The RSI metrics are indicative of neutrality, with the 1-hour RSI at 49 and the 7-day RSI at 50, reflecting no significant momentum in either direction. The negative price changes over 7 days (-0.0439%), 14 days (-0.0028%), and 30 days (-0.0152%) illustrate that Dai has experienced a slight depreciation against its USD peg, although this is typical behavior for a stablecoin that may fluctuate marginally around its target value.
Given the lack of volatility, stable trading volume, and the proximity of the price to the dollar peg, the outlook for DAI remains stable. However, considering the minor downward price pressures observed over recent weeks, it is advisable to hold DAI for the moment, as it is expected to maintain its value close to the dollar without significant upside potential at this time.
Rating: Hold. Reasoning: Stability around the dollar peg with no significant bullish or bearish momentum observed.
Updated 411 minutes ago.
Dai Relative Price at Market Cap of:
Dai TradingView Chart
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